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Volume 12
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Article

Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector

by
Azat Tleubayev
1,
Seyit Kerimkhulle
2,*,
Manatzhan Tleuzhanova
3,
Aigul Uchkampirova
4,
Zhanat Bulakbay
5,
Raikhan Mugauina
6,
Zhumagul Tazhibayeva
7,
Alibek Adalbek
2,
Yerassyl Iskakov
2 and
Daniyar Toleubay
2
1
Department of Economics, S. Seifullin Kazakh Agro Technical Research University, 62, Zhenis Avenue, Astana 010011, Kazakhstan
2
Department of Information Systems, L.N. Gumilyov Eurasian National University, 2, Satpayev Street, Astana 010008, Kazakhstan
3
Department of Economics and Business, International Engineering Technological University, 89/21, Al-Farabi Avenue, Almaty 050060, Kazakhstan
4
Department of Economics and Entepreneurship, L.N. Gumilyov Eurasian National University, 11, Kazhymukan Street, Astana 010008, Kazakhstan
5
Department of Finance, L.N. Gumilyov Eurasian National University, 11, Kazhymukan Street, Astana 010008, Kazakhstan
6
Department of Economics, Kh. Dosmukhamedov Atyrau University, 1, Building, Student Avenue, Atyrau 060011, Kazakhstan
7
Department of Management, L.N. Gumilyov Eurasian National University, 11, Kazhymukan Street, Astana 010008, Kazakhstan
*
Author to whom correspondence should be addressed.
Econometrics 2024, 12(4), 29; https://doi.org/10.3390/econometrics12040029
Submission received: 29 July 2024 / Revised: 29 September 2024 / Accepted: 9 October 2024 / Published: 17 October 2024
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Abstract

Based on the systematization of relevant problems in the agricultural sector of Kazakhstan and other countries, the purpose of the research is to aid in the development and implementation of a methodology for the econometric analysis of sustainability, the classification of economic growth, and an alternative strategy for gross value added depending on time phases with time lags of 0, 1, and 2 years, and on the gross fixed capital formation in the agricultural sector of Kazakhstan. The research has used a variety of quantitative techniques, including the logistic growth difference equation, applied statistics, econometric models, operations research, nonlinear mathematical programming models, economic modeling simulations, and sustainability analysis. In the work on three criteria: equilibrium, balanced and optimal growth, we have defined the main trends of growth of Gross added value of agriculture, hunting and forestry. The first, depending on the time phases, the second, depending on the Gross fixed capital formation transactions for equilibrium growth, for the growth of an alternative strategy, for the endogenous growth rate and the growth of exogenous flows. And we also received a classification of the trend of Productive, Moderate and Critical growth for the agricultural industry depending on the correlated linkaged industry of the national economy of Kazakhstan. The results of this work can be used in data analytics and artificial intelligence, digital transformation and technology in agriculture, as well as in the areas of sustainability and environmental impact.
Keywords: Kazakhstan; sustainability in agriculture; econometric analysis; alternative strategy; gross value added; gross fixed capital formation Kazakhstan; sustainability in agriculture; econometric analysis; alternative strategy; gross value added; gross fixed capital formation

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MDPI and ACS Style

Tleubayev, A.; Kerimkhulle, S.; Tleuzhanova, M.; Uchkampirova, A.; Bulakbay, Z.; Mugauina, R.; Tazhibayeva, Z.; Adalbek, A.; Iskakov, Y.; Toleubay, D. Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector. Econometrics 2024, 12, 29. https://doi.org/10.3390/econometrics12040029

AMA Style

Tleubayev A, Kerimkhulle S, Tleuzhanova M, Uchkampirova A, Bulakbay Z, Mugauina R, Tazhibayeva Z, Adalbek A, Iskakov Y, Toleubay D. Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector. Econometrics. 2024; 12(4):29. https://doi.org/10.3390/econometrics12040029

Chicago/Turabian Style

Tleubayev, Azat, Seyit Kerimkhulle, Manatzhan Tleuzhanova, Aigul Uchkampirova, Zhanat Bulakbay, Raikhan Mugauina, Zhumagul Tazhibayeva, Alibek Adalbek, Yerassyl Iskakov, and Daniyar Toleubay. 2024. "Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector" Econometrics 12, no. 4: 29. https://doi.org/10.3390/econometrics12040029

APA Style

Tleubayev, A., Kerimkhulle, S., Tleuzhanova, M., Uchkampirova, A., Bulakbay, Z., Mugauina, R., Tazhibayeva, Z., Adalbek, A., Iskakov, Y., & Toleubay, D. (2024). Econometric Analysis of the Sustainability and Development of an Alternative Strategy to Gross Value Added in Kazakhstan’s Agricultural Sector. Econometrics, 12(4), 29. https://doi.org/10.3390/econometrics12040029

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